Establishing a Joint Venture Company in Vietnam

Why should we establish a joint venture company?

A joint venture company is a cooperation model between domestic investors and foreign investors to contribute capital, share resources, experience and risks in business activities. This is the ideal choice for projects that require a combination of strengths.

• Foreign investors have capital, technology, and international management experience.
• Domestic investors understand the market, customers, laws and administrative procedures.

Establishing a joint venture company helps:

• Quick access to the Vietnamese market and local customers.
• Take advantage of investment incentives, land, and infrastructure.
• Limit legal risks and optimize market entry costs.

Process of establishing a joint venture company in Vietnam

Step 1. Receive information & determine requirements for establishing a joint venture

As a first step, DEDICA will work directly with both foreign investors and Vietnamese partners to understand:

• Objectives and scope of investment cooperation (industry, scale, location of operation...);
• Capital contribution ratio and ownership structure between parties;
• Corporate governance mechanism, rights and obligations of each capital contributing member;
• Related legal documents.

Through the exchange, DEDICA will fully recognize specific information and needs to determine the most appropriate legal treatment for each joint venture model.

Step 2. Preliminary consultation & Legal service quote

After receiving the information, DEDICA's team of lawyers will proceed:

• Analyze the feasibility and legal conditions of the joint venture project;
• Assess potential risks;
• Propose capital structure, operating model and business management plan to balance the interests of the parties;
• Prepare a detailed implementation roadmap.

DEDICA will send a Legal Service Quote with specific scope of work, expected time and transparent package fee.

The service is only deployed when the customer confirms acceptance of the content and fee quote.

Step 3. Prepare & Submit documents to the competent state agency

(a) Prepare documents

After signing the service agreement, DEDICA will:

• Drafting a complete set of legal documents;
• Guide and coordinate with customers in preparing necessary documents;
• Carefully review the content and validity of the document, ensuring consistency between parties before submission.

(b) Submit application and monitor progress

DEDICA represents customers to carry out:

• Submit investment and business registration documents;
• Closely monitor the application processing process, promptly respond and explain to state agencies when requested;
• Regularly update progress to customers via email, phone or text, ensuring transparency and proactiveness every step of the way.

Step 4. Hand over results

After completing the procedure, DEDICA will hand over all original documents and electronic copies to the customer;

Suitable industries for joint ventures

• Production and processing: take advantage of domestic raw materials and labor sources.
• Retail and distribution: combine existing distribution networks of Vietnamese partners.
• Conditional services: logistics, education, healthcare, F&B...
• Real estate and infrastructure: cooperation in developing industrial park and urban area projects.

Benefits of choosing DEDICA as a partner

• Comprehensive strategic consulting: from the negotiation stage to post-establishment management.
• Full package handling of legal procedures: quickly, comply with the law, limit risks.
• Effective negotiation: protecting investors' interests in joint venture agreements.
• Long-term operational support: outsourced legal services, labor, tax, and contract consulting.